SB458 - Extends the sunset on the dry fire hydrant tax credit

SB 0458

Extends the sunset on the dry fire hydrant tax credit

Sponsor:	Childers
LR Number:	1553S.02I	Fiscal Note:	1553-02
Committee:	Ways and Means
Last Action:	05/16/03 - S Inf Calendar S Bills for Perfection		Journal page:
Title:
Effective Date:	August 28, 2003

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Current Bill Summary

SB 458 - This act extends the sunset on the dry fire hydrant tax credit. Currently, the law states that no more credits may be awarded after August 28, 2003. This act will extend that date to August 28, 2006. The act also reduces the annual cap on the credit from $500,000 to $50,000.
JEFF CRAVER